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Colombia’s Popular Set to Issue 0

Sep 10, 2012

Banco Popular will look to issue COP250bn ($139m) in Colombia’s domestic bond market, with the ability to upsize to as much as COP400bn, according to a source familiar with the transaction. In the sale expected September 19, the Colombian bank can choose from fixed-rate 18-month, 2-year, and 3-year tranches as well as a 5-year inflation-linked tranche. Popular will self-lead the deal, rated AAA.

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